TEXAS BUYS INTO COMMUNITY SOLAR

CPS Energy awards 'community solar' bid to Clean Energy Collective

Sergio Chapa, June 29, 2015 San Antonio Business Journal

CPS Energy awarded Clean Energy Collective (CEC) the contract to build the first community solar project in San Antonio. The CPS Energy-determined business model requires CEC to build a 1.2 MW solar array and, through its roofless solar program, market ownership of individual solar modules at a per-module fee to CPS Energy residential and commercial customers. Subscribers receive a monthly electric bill credit against their electricity consumption for the output of their modules. In June, NEC Retail awarded Clean Energy Collective a contract to build a community solar array to market module output to its residential and commercial customers in Corpus Christi and parts of the Eagle Ford shale region. New data in the DOE’s Shared Solar: Current Landscape, Market Potential, and the Impact of Federal Securities Regulation shows an estimated 49% of households and 48% of businesses are unable to host solar. “Shared solar could represent 32% to 49% of the distributed PV market in 2020,” it reports, “leading to cumulative PV deployment growth in 2015 to 2020 of 5.5 GW to 11.0 GW, and representing $8.2–$16.3 billion of cumulative investment.” click here for more

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